The construction cost indexs annual escalation rate fell to 1. The building and construction cost indexes for enrs individual cities use the same components and weighting as those for the 20city national indexes. A94, discount rates for costeffectiveness, lease purchase, and related analyses. The cici remained static at 59 in the first quarter of 2019, from the pre vious quarter ending. Over the years, enr has labored to ensure the indexes are accurate, objective, transparent and flexible so that they can serve as a benchmark to assess the health. Enrs 20city average cost indexes, wages and materials prices. Construction economics for february 17, 2020 20200212. This statistic displays the construction materials, installation, and composites cost index of the construction market in the united states in 2018, broken down by select city. Enr publishes both a construction cost index and building cost index that are widely used in the construction industry. Bureau of reclamation construction cost trends offsite link image. Time series analysis of enr construction cost index. Enrs most recent construction cost index, building cost index, materials cost index, which are updated monthly. Enr publishes three pages of construction economics data, in pdf format.
Enrs most recent construction cost index, building cost index, materials cost. Page 3 of 15 the input cost indexes do not show the extremes of economic cycles like output indexes. The city cost indexes for canada can be used to convert u. Enrs 20city average cost indexes, wages and material prices. Enr s 20city average cost indexes, wages and material prices. As a free resource to our clients and contacts, our catalyst construction economics hub provides you with insight into where the industry is headed. The city indexes use local prices for portland cement and 2 x 4 lumber and the national average price for structural steel. Historical data and details for enr s 20 cities can be found at enr. The fy2019 water resource project discount rate is 2. Materials price index the materials cost index is the materials component of enrs building and construction cost indexes. A94, appendix c revised december, 2018, discount rates for costeffectiveness, lease purchase, and related analyses.
The enr indexes are an excellent by scott lewis with tim grogan 3q cost report 100th anniversary enr. Construction cost index united states by select city 2018. Construction economics for february 10, 2020 20200204. This website contains an explanation of the indexes methodology and a. It tracks the weighted price movement of structural steel, portland cement and 2 x 4 lumber. The construction cost index cci provided by the engineering newsrecord enr is frequently used in predicting the cost of construction projects because it reflects a comprehensive trend in the. Every month, engineering newsrecord enr publishes the construction cost index cci, which is a weighted aggregate index of the 20city average prices of construction activities. Skilled labor index the skilled labor index is the labor component of enrs building cost index. Each week, enr publishes three pages of construction economics data, in pdf format.
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